Manage Money

Bank Name

Wedding Loan from shamrao Vithal Co-op Bank in Orai

Orai is located in the Jalaun district of Uttar Pradesh. This city functions as the district headquarters of the Jalaun district in the Jhansi division of the state. The NH-27 passes through Orai, which is midway between Jhansi and Kanpur. Orai is believed to have been named after a saint - Rishi Uddalak who is worshipped in the area. Orai was ruled by the Rajputs, the Chandels, the Mughals, the Marathas and many other regional rulers. Orai became a scene of much violence during the Great Revolt of 1857. The residents of the area who were in the 53rd Native Infantry deserted their officers and rebelled against them as soon as they came to know of the rising in Kanpur. Orai witnessed major changes after 1990 when industries were introduced to the area. HUL, Sun India Pharmacy and several other companies opened their units in and around Orai. The city was further developed as schools and colleges were established, roads were built and the infrastructure was improved. A predominantly dry area, Orai is watered by the Bethwa Canal that supports the production of grain, oil-seeds, cotton and ghee which are exported. The city has more than 2 lakh residents and they speak in Hindi.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Wedding Loan in Orai, 15 August 2020 from shamrao Vithal Co-op Bank

The SVC Bank was initially registered as a Co-operative Credit Society on 27 December 1906. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. The bank in opened first Co-operative store in 1910. In 1915, the first Co-operative housing society was built in Bombay. In 1927, the Fidelity Guarantee Fund was launched simultaneously with Distress Relief Fund in 1931 and Staff Gratuity Fund in 1954. In 1964, Safe Deposit Vaults were introduced by the bank. In Fiscal 2016, the deposits of the bank crossed 13000 crores. In 2002, the corporate office was opened by the bank at SVC Tower in Vakola. In 2003, Genius I Core banking solution was implemented in all the branches of SVC bank. In 2006, the SVC bank successfully sold the software. In 2007, AD-I license was offered to the Shamrao Vithal Co-operative bank. The SVC bank was also allowed to sell the core banking software services to small co-operative banks. By 2010, the bank sold software services to around 25 other banks. The 193rd branch of the SVC bank was opened at Khmagaon. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs